The RSS3 Foundation Letter - March 2024

Dear RSS3 Community,

The moment we've all been eagerly awaiting has finally arrived - the RSS3 Mainnet is now live! This significant leap forward is not just a reflection to our team's hard work but a monumental achievement made possible by the relentless support and contributions from our entire community. A heartfelt thank you to everyone who played a part in this journey.

Most Important Metric

• Monthly Monetizable API calls: 9,887,152

Dev Progress

• We have shipped our RSS3 Mainnet
  • We are continuing the work on DA integration for VSL
  • Continuing RSS3 Node and Global Indexer development
• We have open-sourced OpenAgent
• We are working on 2 REPs:
  • REP-11: RSS3 Protocol Upgrade
  • REP-16: Staking Rewards Taxation Adjustment

Marketing and Ecosystem Progress

1. The Launch of RSS3 Mainnet

After relentless effort, we are thrilled to announce a milestone achievement - the RSS3 Mainnet Alpha is now live! RSS3 Mainnet marks a significant moment, and we would like to take this opportunity to honor those committed to the progress of the Open Web and Open Information.

• What exactly is the RSS3 Mainnet? This blog offers a comprehensive introduction: https://rss3.io/blog/en/introducing-rss3-alpha-mainnet
• For holders of $RSS3, you might wonder what your tokens can accomplish. A 101 guide is available to help you understand how you can run nodes or delegate $RSS3 for rewards and RSS3CHIPS - the choice is yours!
• Interested in running a node? Detailed tutorials on how to set up a node are readily accessible.
• Explore the ins and outs of the RSS3 Mainnet and more fascinating discoveries, check out: https://linktr.ee/rss3en.
• The RSS3VSL Bridge now supports the bridging of other ERC-20 tokens from ETH to RSS3VSL, including $USDT, $USDC, and $WETH.
• RSS3VSL is being tracked on L2BEAT for TVL and more. For further information, visit: https://l2beat.com/scaling/projects/rss3.
• We are excited to see developers planning and building upon the RSS3 ecosystem. Let's welcome our new community initiatives:
  • Openswap - The first DEX built on top of RSS3 Mainnet VSL https://openswap.fi/
  • Index AI - the inaugural community project based on the RSS3 AI Architecture, OpenAgent https://index.ai/.
• Just 15 days post the RSS3 Mainnet Launch, on March 27, we've seen the Total Value Locked (TVL) soar beyond $30M!

2. Beyond the Launch:

• We release the first open source architecture for building on-chain AI Agents. Access the repository here: https://github.com/RSS3-Network/OpenAgent. In our vision, the future of AI is decentralized and open-source, serving the greater good rather than a select few. The world deserves truly Open AI and a genuinely Open Web.

• Our branding has undergone an upgrade over the past few months. Check out our new logo and more here: https://rss3.io/blog/en/the-rss3-branding-evolution.

• Reflecting on our open information house, it's our privilege to have hosted numerous incredible speakers. A special shoutout to all contributors who have illuminated the OpenInformationHouse.

  Highlights: https://link.rss3.io/2024OIH

  Rewind: https://link.rss3.io/2024OIH-Stream

Get Involved!

• Dive deep into the RSS3 Mainnet! Run nodes or delegate $RSS3 for rewards & RSS3CHIPS at https://explorer.rss3.io.
• WE ARE HIRING! RSS3 is looking for a marketing guru & AI Engineer. Click the link below to embark on this exciting journey with us! 🚀 https://rss3.notion.site/Work-with-Us-77c6c5dd8fec45ca8747dd7c650782ec
• We've heard the community's call to action, and it's time to make it happen:
  • Vote for RSS3VSL to be added to Rabby Wallet & DeBank here: https://debank.com/proposal/64972
  • $RSS3 is nominated on Binance Futures Next. Come and vote at: https://binance.com/en/futures/next

Some Comments

This landmark achievement is a testament to what we can accomplish when we come together, united by a common vision of a more open, decentralized, and efficient Internet. The RSS3 Mainnet is not just a technological innovation; it's a beacon of hope for the future of open information and the Internet.

Our work, however, is far from over. The launch of the Mainnet is just the beginning. It's the foundation upon which we will continue to build, innovate, and expand the RSS3 ecosystem. Now, more than ever, we need your involvement, your ideas, and your passion. Whether it's by running nodes, participating in governance, or simply spreading the word, your contribution is invaluable.

As we march forward, let's carry the momentum of this achievement into the future. Together, let's continue to break barriers, challenge the status quo, and build a truly open web. Thank you for being a part of this journey. Here's to many more milestones to come!

Best,

Zoe and the RSS3 Foundation